This pioneering research, conducted in partnership with the Mastercard Foundation and with the support of the Bill & Melinda Gates Foundation explores the pervasive digital workplace landscape in Africa and Indonesia. The research reveals the scale of dependency millions of Africans have on digital marketplaces for their livelihoods, where 27% of Kenyan farmers claim to use Meta (Facebook) to sell information and buy produce. In examining marginalised groups, people with disabilities shared in-depth accounts of challenges faced with their user experience, such as a lack of screen-reading t ..read more

After returning to its pre-pandemic level as early as in 2022, Club Med, pioneers of global all-inclusive holidays, reached nearly 2 billion Euros in business volume for the first time in its history. Club Med's record business performance in 2023 is the result of the transformation of its business model towards an upscale, glocal and happy digital offering, initiated in 2004. In 2023, 97% of the Resort portfolio consisted of Premium and Exclusive Collection Resorts and will achieve 100% by April 2024. The post Club Med reaches nearly 2 billion Euros in business volume for the first time in it ..read more

Africa’s data centre market is growing at an unprecedented rate, driven by increasing internet penetration, rapid adoption of cloud computing, and soaring demand for digital services. As the continent embraces the digital revolution, the data centre market is projected to reach over $7 billion by 2028, an annual growth rate (CAGR 2024-2028) of 7%. This growth is not only transforming Africa’s digital landscape but also presenting significant opportunities for investors, technology companies, and local businesses. The post Africa Data Centre Market is Projected to Reach $7bn by 2028 appeared fi ..read more

Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities in Africa, has successfully closed its fifth fund, Adenia Capital V (the “Fund”, “AC(V)” or “Fund V”) at its $470 million hard cap. The Fund, which was significantly oversubscribed, attracted commitments from new and existing investors globally. The post Adenia Closes Fifth Flagship Fund Oversubscribed at $470M appeared first on AfricaBusiness.com ..read more

The Jennifer Ward Oppenheimer Research Grant (JWO Grant) was established in 2019 to honour the legacy of the late. The post Empowering African Environmental Science: The Jennifer Ward Oppenheimer (JWO) Research Grant Seeks Another Trailblazing Recipient appeared first on AfricaBusiness.com ..read more

We are witnessing a clash between businesses pushing for in-office work and Gen Z workers who prioritise flexibility, environmental consciousness, and inclusivity. Even remote-working advocate, Zoom, has demanded that those within 80km of the office need to work in-person twice a week. As Gen Z becomes the dominant demographic in the future workforce, project-based independent contracting and remote collaboration are gaining popularity as preferred modes of work. Gary Silbermann, Co-Founder & Innovation Director at One Degree shares that there doesn’t have to be an ongoing battle between C ..read more

Kenya faces the formidable challenge of aligning its climate action with its development goals. The post Mobilizing Blended Finance for Climate Investments in Kenya appeared first on AfricaBusiness.com ..read more

The African Continental Free Trade Area (AfCFTA) is predicted to increase Africa's trade income by USD 450 billion by 2035 and will boost intra-African trade by more than 81 percent, according to a recent report by the World Bank. The post The African Continental Free Trade Area Investment Protocol signalled a new era in sustainable trade and investment appeared first on AfricaBusiness.com ..read more

Hilton’s lifestyle brand Curio Collection by Hilton debuts in Kenya, with a fusion of historic charm and a refined contemporary design for an immersive guest experience. The post Curio Collection by Hilton Debuts in East Africa with the Opening of Kwetu Nairobi appeared first on AfricaBusiness.com ..read more

In an era where change is the only constant, businesses must adapt and evolve to stay ahead. Penquin, the brand and communication agency based in Johannesburg, is leading by example, embracing transformation with open arms. The agency recently made headlines with the unveiling of its brand-new logo and refreshed corporate identity (CI), marking a significant milestone in its journey. The post How Effective Rebranding Can Redefine and Elevate Your Business appeared first on AfricaBusiness.com ..read more